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Associate, Corporate Strategy- Innovation Banking (Hybrid)
Associate, Corporate Strategy- Innovation Banking (Hybrid)-September 2024
San Francisco
Sep 21, 2024
ABOUT FIRST CITIZENS BANK
First Citizens Bank is a full-service financial institution with nearly 550 locations nationwide.
10,000+ employees
Financial Services
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About Associate, Corporate Strategy- Innovation Banking (Hybrid)

  Overview

  This position participates on project teams to support strategic analysis and strategy formulation on behalf of SVB, the innovation banking division of FCB. Draft written deliverables (PowerPoint presentations, Excel models, Word memos) for persuasive communication with senior internal stakeholders. Perform primary research using both internal and public data sources as well as conducting interviews with senior industry experts. Develop individual work-stream workplans and coordinate with cross-functional teams on project roles and responsibilities. Conduct qualitative research on market trends, competitive positioning, client needs and expectations, and other strategic themes. Build and maintain financial models for product- and business unit-level strategic plans. Write persuasive memos and presentations to present project findings and advocate for proposed outcomes.

  Responsibilities

  Determination and communication of key messages and conclusions to project leaders within Corporate Strategy and senior cross-functional leaders across the Bank.End-to-end work-stream ownership (e.g., developing financial model structure, judging key inputs and assumptions, and validating output) and persuasion of internal stakeholders to adopt recommendations.Scoping and commitment of Corporate Strategy team resources to individual projects.Determination and communication of key messages and conclusions to project sponsors and stakeholders.Familiarity with FCB structure, products, client base, and business model.Foundational understanding of commercial banking industry trends and growth levers.Awareness and ongoing monitoring of developments in tech/life sciences innovation ecosystem.The base pay for this position is relative to your experience but the range is generally $119,828 to $207,703 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.

  Qualifications

  Bachelor's Degree and 6 years of experience in management consulting, investment banking, or other business strategy experience

  -OR-

  High School Diploma or GED and 10 years of experience in management consulting, investment banking, or other business strategy experience

  Preferred Education: MBA or other advanced degree

  Required Qualifications:1-3 years' experience coming from a top tier consulting firm or top tier strategy function Foundational consulting toolkit (research, quantitative analysis, qualitative synthesis, written/oral communication).Ability to operate semi-autonomously within work-stream to drive project deliverables.Comfort and facility with both quantitative and qualitative information.Professional presence and communication style.Development and cultivation of working team-level relationships.Minimal travel

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